Bank of America (TMCI) reports 3.53M shares, 5.5% ownership
Rhea-AI Filing Summary
Bank of America Corporation filed a Schedule 13G reporting beneficial ownership of 3,533,774 shares of Treace Medical Concepts, Inc. Common Stock. The filing states this equals 5.5% of the class based on 64,590,503 outstanding shares as of February 20, 2026, per the issuers Form 10-K. The Schedule 13G lists shared voting and dispositive power over the reported shares and identifies related subsidiaries (BofA Securities, Inc.; Bank of America, N.A.; Merrill Lynch International) as relevant holders.
Positive
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Insights
Large institutional stake disclosed with shared voting/control via subsidiaries.
The filing reports 3,533,774 shares held with shared voting and dispositive power. The ownership percentage is calculated against February 20, 2026 outstanding share data from the issuers Form 10-K. The statement attributes holdings to Bank of America Corporation and its specified subsidiaries.
Because the position is disclosed on a Schedule 13G, the filing signals a passive institutional holding rather than an activist intent. Subsequent filings may show changes in voting or disposition status if the holder changes its intent or trades the position.